Defense Ministry Denies Thailand’s Unfounded Allegations Over Landmine Incident | Cambodian Government Responds to Thailand’s Diplomatic Actions Amid Border Tensions | PM: Cambodian Armed Forces Courageously Defending Sovereignty and Territorial Integrity | Cambodian Condemns Thailand's Aggressive Military Operations in Border Tension Areas | Cambodia Condemns Thai Military Aggression, Urges Immediate Withdrawal | Cambodian Ministry of National Defense Releases Timeline of Border Clashes on July 24, 2025 | Thailand Launches Airstrikes on Cambodian Military Targets, Prompting Regional Anxiety | Cambodian Army Asserts Right to Self-Defence Following Thai Incursion | Hun Sen Commands Military Operations Alongside Prime Minister Hun Manet, Denies Reports of Fleeing, Says Spokesperson | Cambodian Military Claims Control of Ta Krabey, Ta Moan Thom Temples Amid Border Clashes | PM Hun Manet Urges Calm and Respect Amid Ongoing Border Clashes with Thailand | Government Spokesperson: Thailand Using Landmine Allegations as Pretext for Invasion | Border Conflict Escalates: Cambodian and Thai Forces Continue Clashes as of 6 PM | Cambodia Condemns Thai Military for Violating World Heritage Site, Calls for Immediate Action | Cambodia Condemns Thai Military Attacks and Cluster Bombing on Border Areas, Vows Firm Response | BREAKING: Heavy Thai Assault on Ta Moan Thom Temple as Cambodian Forces Resist Fiercely | US Calls for Immediate End to Cambodia-Thailand Border Conflict | TOP NEWS: Malaysia’s Prime Minister Anwar Ibrahim, As ASEAN Chair, Urges Cambodia and Thailand to Consider Ceasefire | UN Urges Restraint as Tensions Mount at Thailand-Cambodia Border | Thailand Seeks Diplomatic Solutions Amid Escalating Border Clashes with Cambodia; Cambodia Condemns Airstrikes | Nation Unites in Humanitarian Effort: Blood Donation Drive Supports Emergency Preparedness Amid Border Tensions | Thailand Rejects International Mediation in Ongoing Cambodia Border Conflict | Cambodia Reports Intensified Thai Attacks and Condemns Use of Cluster Munitions in Urgent Third Briefing of the Day | Cambodia Responds Firmly as Day Two of Border Skirmishes Unfold | BREAKING NEWS: Prime Minister Hun Manet Clarifies Cambodia’s Position on Ceasefire Proposal Amid Border Tensions | BREAKING NEWS: Cambodia Denounces Thailand’s Military Actions as Violations of Sovereignty and International Law | UN Urges Restraint as Thailand-Cambodia Clashes Displace Thousands; Security Council Holds Emergency Meeting | Cambodia Confirms Troops Still Holding Mount Trop as Thailand Cannot Raise Flag on Sovereign Territory | Cambodia and Thailand Clashes Enter Third Day as Casualties Rise to 33 |
Defense Ministry Denies Thailand’s Unfounded Allegations Over Landmine Incident | Cambodian Government Responds to Thailand’s Diplomatic Actions Amid Border Tensions | PM: Cambodian Armed Forces Courageously Defending Sovereignty and Territorial Integrity | Cambodian Condemns Thailand's Aggressive Military Operations in Border Tension Areas | Cambodia Condemns Thai Military Aggression, Urges Immediate Withdrawal | Cambodian Ministry of National Defense Releases Timeline of Border Clashes on July 24, 2025 | Thailand Launches Airstrikes on Cambodian Military Targets, Prompting Regional Anxiety | Cambodian Army Asserts Right to Self-Defence Following Thai Incursion | Hun Sen Commands Military Operations Alongside Prime Minister Hun Manet, Denies Reports of Fleeing, Says Spokesperson | Cambodian Military Claims Control of Ta Krabey, Ta Moan Thom Temples Amid Border Clashes | PM Hun Manet Urges Calm and Respect Amid Ongoing Border Clashes with Thailand | Government Spokesperson: Thailand Using Landmine Allegations as Pretext for Invasion | Border Conflict Escalates: Cambodian and Thai Forces Continue Clashes as of 6 PM | Cambodia Condemns Thai Military for Violating World Heritage Site, Calls for Immediate Action | Cambodia Condemns Thai Military Attacks and Cluster Bombing on Border Areas, Vows Firm Response | BREAKING: Heavy Thai Assault on Ta Moan Thom Temple as Cambodian Forces Resist Fiercely | US Calls for Immediate End to Cambodia-Thailand Border Conflict | TOP NEWS: Malaysia’s Prime Minister Anwar Ibrahim, As ASEAN Chair, Urges Cambodia and Thailand to Consider Ceasefire | UN Urges Restraint as Tensions Mount at Thailand-Cambodia Border | Thailand Seeks Diplomatic Solutions Amid Escalating Border Clashes with Cambodia; Cambodia Condemns Airstrikes | Nation Unites in Humanitarian Effort: Blood Donation Drive Supports Emergency Preparedness Amid Border Tensions | Thailand Rejects International Mediation in Ongoing Cambodia Border Conflict | Cambodia Reports Intensified Thai Attacks and Condemns Use of Cluster Munitions in Urgent Third Briefing of the Day | Cambodia Responds Firmly as Day Two of Border Skirmishes Unfold | BREAKING NEWS: Prime Minister Hun Manet Clarifies Cambodia’s Position on Ceasefire Proposal Amid Border Tensions | BREAKING NEWS: Cambodia Denounces Thailand’s Military Actions as Violations of Sovereignty and International Law | UN Urges Restraint as Thailand-Cambodia Clashes Displace Thousands; Security Council Holds Emergency Meeting | Cambodia Confirms Troops Still Holding Mount Trop as Thailand Cannot Raise Flag on Sovereign Territory | Cambodia and Thailand Clashes Enter Third Day as Casualties Rise to 33 |

FINANCE Tuesday 12th of JULY

PHNOM PENH: The CSX Index is currently at 484.02 Points down 1.31 Points or 0.27%

National bank of Cambodia Daily Exchange Rate is 4,083 KHR to the USD$.

CBRE released their second quarter insight on Cambodia’s market, and the expiration of growth heading towards third and fourth quarter. Eac was there to get the details

CBRE, Managing Director Lawrence Lennon and his team gave us an insight of the second quarter of Cambodia’s property market and what to expect for the future.

Lawrence Lennon explained during his presentation that the prominence of Cambodia as a manufacturing destination is on the rise, with about 7% of respondents stating they have plans to enter the market. This shows about Malaysia India and mainland China. In addition, less than 50% of those surveyed currently have an existing presence in Cambodia.

Lawrence believes Cambodia's garment industry will continue to hold strong potential in the market in the short term representing 44% of exports from Cambodia. The development of agro industrial segments is real low hanging fruit with agriculture for the representing 24% of GDP.

Commercial and office market was initially expected almost 100,000 new net usable office spaces by the end of 2022 due to covid19 about 40% will be completed with the remaining 60% next year only expect about 40,000 square meters of that usable office space will be completed 2022.

The occupancy for the second quarter is almost the same as the first about 67%. By the end of 2023 there will be a total nearly 1 million square meters office space in Phnom Penh.

Office spaces outside Phnom Penh continue to feel the downward pressure in terms of their rent. Landlords are offering 3% to 8.7% in order to catch up tenants.

Retail market, occupancy rate picked up, only slightly from 6 to 7%.

In the next six months, we expect to see around 190,000 square meters, that is all spaces coming online, increasing the total supply of retail spaces by 30% to around 800,000 square meters. Most of this will be shopping malls, the main being Aeon 3 and Chip Mong 271 Mega mall.

This year there has been 30 international, and 16 local brands expansions open up.

After the seminar organized by CBRE EAC News had the chance to interview Lawrence Lennon Managing Director on his thoughts on retail and the growth of the property market in the next two quarters.

Lawrence Lennon Managing Director of CBRE said,

“So I it's been a quarter of positives in many respects. This is the first time since the beginning of the pandemic we've seen actually most key segments moving in rental rates the right direction that either means stabilization or increase in terms of rental rates other than primary retail. So, overall it's a quarter of positives and a quarter of growth in turns on how things are going to develop foreseeable future. Expect those rates to either stabilize, or decrease to some extent we're seeing a lot of supply increasing in the office market and the retail market and it's likely that increase competition is going to increase the likely hood of seeing rental rates decrease to some extent”.

“We're gonna see growth in most of those segments it’s just how short term looking versus how long term you looking There’re gonna be short term challengers in the market without a doubt and that’s just a reflection of covid19 the state of the global economy, having said that if we are looking at a five year basis without a doubt things are going to rebound and it’s just linked to those fundamental’s that I mentioned before in terms of an exciting, strong segment. As I mentioned, it's going to be industrial logistics without a doubt.”

“We also spoke about the growth in the Industrial industry, with the new ford factory and garments factories opening up.”

“Some of Cambodia's competitive advantages come down to things like the cost of land, the cost of labor, its location, its right in the center of Southeast Asia. It's right in the center of ASEAN. So without a doubt when it comes to even just servicing markets on our border, whether it's Thailand or Vietnam, they're going to be very strong opportunities when it comes to manufacturing. So, without a doubt, it's likely that we'll see lots of growth in the short term midterm.”

Overall Lawrence mentioned there was some exciting things are going to happen in the future with Cambodia’s economy. 



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